The Caribbean Development Bank (CDB/the Bank) is seeking an experienced, strategic and mission-driven Chief Financial Officer (CFO) to lead all aspects of the finance and accounting functions of the Bank. They will lead a small team of dedicated accounting professionals and be a key CDB leadership team member. They will support the Bank’s leadership in providing key reporting to the Board of Directors and its Oversight Committee to ensure sound business decisions.
The Finance Department is responsible for the Bank's financial position through effective planning and management of the functions of financing, investing, general and cost accounting, budgeting, cash flow analysis, financial analysis and reporting. The Department is also responsible for developing and administering financial policies and procedures and strengthening the Bank’s infrastructure and capability to mobilise resources to support its development agenda. The Department also has responsibility for corporate procurement and asset risk insurance.
Reporting directly to the Vice President of Finance and Corporate Services (VPFCS), the CFO will lead all financial aspects of the Bank, including financial planning, financial reporting, budgeting, accounting, treasury, borrowings from the capital markets and investment activities, and asset liability management. The CFO is a senior management team member and will serve on several management committees. As a strategic thought partner, the CFO will work closely with the leadership team to drive financial performance and optimize resource mobilisation strategies.
The responsibilities of the CFO include:
The role requires a dynamic leader who can provide operational and strategic direction, identify opportunities and issues, and communicate proactively to drive effective solutions. They will be seen as a “hands-on” CFO, providing leadership in all aspects of the Bank’s accounting, finance, treasury, resource mobilisation and administrative support functions. The CFO should have executive presence, high ethical standards and an uncompromising sense of integrity.
The ideal candidate should have:
The CFO should demonstrate ability to:
The CFO should demonstrate a strong proficiency in the following organisational core competencies:
Acting as a Champion for Change – the ability to identify problems and opportunities for change; implement solutions where appropriate, maintain effectiveness when experiencing major changes in work tasks or the work environment; and support people in their efforts to try new things.
Moves quickly to make decisions and commits to a straightforward course of action; comfortable making decisions based on partial information; willing to take risks to maintain momentum; shows a strong bias toward action.
Championing Customer Needs
Calls attention to issues that impact customer satisfaction; views situations from customers' perspective; encourages people to think about customers when making decisions and develops and sustains productive customer relationships.
Invests time and resources into building the capabilities of team members; helps people define career goals and establish development plans to achieve them; gives people constructive, developmental feedback and advice.
Driving for Results
Bottom-line oriented and pushes self and others to achieve results. Keeps current on project status; makes sure people are aware of project status and what they need to do to keep things moving; redirects project resources and activities to overcome setbacks; elevates project concerns to senior levels of leadership when appropriate.
Clearly defines and communicates roles and responsibilities; holds people accountable for accomplishing objectives; recognises and rewards people who achieve results and deliver on performance expectations; provides effective feedback.
Effectively balances risks and opportunities; thinks through potentially positive and negative outcomes; seeks ways to mitigate risks.
Setting a Strategic Vision
Identifies and articulates the strategic goals and direction of the company, Division, or group; establishes connections between short-term and long-term objectives and directions. Communicates the vision throughout the organisation through distinctive strategies, goals and action plans that maximise competitive advantage. Inspires and motivates entire Division (s) or Department (s) to adopt the vision.
TERMS OF APPOINTMENT
This is a full-time position with the successful candidate being contracted on a two-year basis in the first instance, with the possibility of renewal. The salary is competitive and commensurate with qualifications and experience. A pension plan, life and medical insurances are included in the benefits package.
Before you proceed to apply, please consider the following requirements:
You must be a national of one of CDB’s member countries.
You will be required to produce evidence of any educational and professional qualifications to support your application if you are selected for an interview.
All appointments are subject to satisfactory background checks and references.
CDB fully respects the need for confidentiality of the information supplied and assures you that we will not discuss your background and interest with anyone, including references, without your prior consent.
The deadline for submission of applications is December 17, 2023 at 11:59 pm AST.